What tends to happen to the price of a product when it is scarce and in high demand? A. Decreases B. increases C. Stays the same D. Falls to zero

Question

asked Oct 10, 2021 34.2k views

2 Answers

Jmpena · Answer 1 · 2021-10-14T21:40:36+0000

Answer:

Increases

Step-by-step explanation:

The reason it increases is because people want it more and are willing to pay extra for something because it is more valuable.